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Information provided on this page is informational only. Please review your financial situation with a qualified financial professional before taking action

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More Stimulus for Christmas - What to Know About the Most Recent Coronavirus Support Bill

This year has felt so long you may have forgotten, but at the end of March the Federal government passed the CARES Act which provided a slew of various benefits to assist individuals and businesses during the pandemic. Since then, there has been continuous talk of additional support being administered with no meaningful progress . . . until now. In the final days of 2020, Congress passed the Consolidated Appropriates Act of 2021, which includes additional coronavirus support, and in the eleventh hour was signed by the President. As before, there are many questions swirling about what sort of benefits individuals and businesses may see. Here are some of the key highlights of the additional support, and changes, from the recently passed bill.

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Can I Withdraw From My IRA or 401(K) Penalty Free? Only Until Year End

This year has been a challenging year financially for many Americans. With businesses closing, layoffs soaring, and many pay cuts implemented, if you weren't impacted you almost certainly know someone who was. It seems like a century ago, but to address some of these struggles Congress passed the CARES Act in late March to provide some much needed assistance to struggling families and businesses. There is still a chance for Congress to pass additional support before the end of the year, but as the days go by without any progress, this is appearing less and less likely.

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2020 Tax Surprises - 5 Reasons Why You May Be Surprised With Your 2020 Tax Return

Sometimes surprises can be enjoyable, like a surprise party or finding a $20 bill on the sidewalk. Other surprises, not so much, such as owing a significant amount in taxes that you weren't expecting, or having your refund delayed considerably. This year has thrown many curve balls not only into our daily lives, but in many individuals' tax situations as well. Here are some considerations as to why your 2020 tax return may include some unwelcome (or welcome) surprises in 2020.

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More Self-Employed Coronavirus Relief in New Hampshire - SELF Grant

With many individuals and businesses struggling because of the coronavirus it seems like a new government program is coming out every week. Between federal programs and specific state programs it's hard to keep track of it all! This week New Hampshire has started a new program for self-employed persons. The program is called the Self Employed Livelihood Fund (SELF) Grant, and will be accepting applications through July 17th. Here's what you should know about this program and whether you, or someone you know, might qualify.

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